MQS Management LLC Invests $480,000 in XPO, Inc. $XPO

MQS Management LLC bought a new position in shares of XPO, Inc. (NYSE:XPO) during the fourth quarter, Holdings Channel.com reports. The fund bought 3,531 shares of the transportation company’s stock, valued at approximately $480,000.

A number of other institutional investors also recently modified their holdings of the company. Allworth Financial LP raised its position in shares of XPO by 10.1% during the fourth quarter. Allworth Financial LP now owns 810 shares of the transportation company’s stock worth $110,000 after purchasing an additional 74 shares during the period. Vise Technologies Inc. raised its position in XPO by 3.4% in the 3rd quarter. Vise Technologies Inc. now owns 2,301 shares of the transportation company’s stock valued at $297,000 after buying an additional 76 shares during the last quarter. Signaturefd LLC raised its position in XPO by 9.9% in the 4th quarter. Signaturefd LLC now owns 880 shares of the transportation company’s stock valued at $120,000 after buying an additional 79 shares during the last quarter. Parkside Financial Bank & Trust raised its position in XPO by 23.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 439 shares of the transportation company’s stock valued at $57,000 after buying an additional 82 shares during the last quarter. Finally, Archer Investment Corp raised its position in XPO by 9.6% in the 3rd quarter. Archer Investment Corp now owns 932 shares of the transportation company’s stock valued at $120,000 after buying an additional 82 shares during the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on XPO. Stifel Nicolaus set a $237.00 price target on XPO in a research report on Friday, May 1st. Barclays increased their price target on XPO from $195.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Wall Street Zen raised XPO from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. JPMorgan Chase & Co. increased their price target on XPO from $189.00 to $201.00 and gave the company an “overweight” rating in a research report on Tuesday, March 10th. Finally, Weiss Ratings raised XPO from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $211.24.

XPO Trading Down 0.3%

Shares of XPO opened at $202.86 on Friday. The business has a 50-day moving average of $204.10 and a 200 day moving average of $174.76. XPO, Inc. has a fifty-two week low of $110.78 and a fifty-two week high of $231.46. The firm has a market cap of $23.82 billion, a P/E ratio of 69.47, a price-to-earnings-growth ratio of 2.38 and a beta of 1.87. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, April 30th. The transportation company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.12. XPO had a return on equity of 26.21% and a net margin of 4.19%.The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same quarter last year, the firm posted $0.73 EPS. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. As a group, research analysts forecast that XPO, Inc. will post 4.84 EPS for the current year.

XPO Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.